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Follin said there had been a number of recent initiatives to help traders, including rent-free periods for new tenants, 90percentnt rent reductions on additional stalls taken by existing traders and a Local Enterprise Growth Initiative 'incubator' stall which offers a three-month rent-free period for new entrants to retail.
However, existing traders have until 1 August to use up current stocks of non-recyclable containers.
"There also isn't the space for existing traders to upsize and we need to plan to try and change that".
On the same token as new hires, existing traders at prestigious financial firms were attracted to bitcoin.
"It's clear there aren't enough people currently working or living in Swansea city centre to generate the kind of footfall and spending needed to support our existing traders and attract more investment," he said.
The original plan was for the Markthal to be made up of a third traders from the market, a third new stalls, and a third brand-name shops, but only a few existing traders have taken up the offer of going indoors, given the hike in rent.
Similar(52)
In neighbouring Brixton, redevelopment proposals for the railway arches have sparked controversy, with concerns that the existing independent traders will be pushed out by rent increases.
According to a statement released in June last year, "the 12 Bar Club and existing music traders are at the heart of the area and keeping them has always been central to our plans".
And Follin said there were also plans for a new street market at Brewery Wharf for existing market traders which she hopes will act as a signpost to Kirkgate and interest residents in market shopping.
With the existing logistical networks, traders can easily coordinate with shipping lines and logistics service providers to arrange shipments at competitive prices.
Trumping existing open interest, traders picked up more than 5,000 calls at the April 10 strike price for an average premium of 50 cents each.
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